Finance News: Latest Financial News, Finance News today in Bangladesh

Bottled water price up by 25pc

Commercial mineral water became expensive last week, intensifying woes of city consumers who rely largely on branded drink to quench their thirst outdoors amid lack of safe supply water.Price of one-litre pet-bottle water has increased to Tk 25 from Tk 20, two litres to Tk 35 from Tk 30, according...

Rabab Fatima appointed as UN under-secy-gen

Bangladesh's Permanent Representative to the United Nations Ambassador Rabab Fatima has been appointed as the Under-Secretary-General of the United Nations and the High Representative for the Least Developed Countries, Landlocked Developing Countries, and Small Island Developing States (UN-OHRLLS). UN Secretary-General Antonio Guterres announced this high-level appointment on Thursday, said the...

BCI sees FY23 budget as 'time-befitting'

The Bangladesh Chamber of Industries (BCI) hails the proposed national budget as 'time-befitting' as it attempted to prioritise people's needs amid challenges from the pandemic and the war.It, however, fears that the government will face challenges to implement this mammoth budget unless it ensures proper monitoring, efficiency, transparency, accountability and...

Trash proposal to allow laundered money back: TIB

Slamming the facility of bringing laundered money back in the next fiscal year, the Transparency International Bangladesh (TIB) on Friday urged the government not to implement the scheme. In his FY '23 budget speech, the finance minister has proposed addition of a new provision to the Income Tax Ordinance, 1984...

Provision requires proof of return submission

The Finance Bill 2022 has incorporated a provision under which proof of submission of tax-return will be required for obtaining various services and serving other purposes."Notwithstanding anything contained in this Ordinance, a person shall be required to furnish a proof of submission of return in certain cases," said the Financed...

Protest rallies held to condemn remarks on Prophet

Protests were held after Jumma prayers on Friday in capital Dhaka and parts of the country to condemn the derogatory remarks against Prophet Muhammad (PBUH) by two ruling party leaders of India, reports UNB.In Dhaka, several thousand people took to the streets after the prayers at Baitul Mukurram National Mosque...

Daily cases increasing slowly with death remaining zero

Bangladesh registered 64 new Covid cases in 24 hours till Friday morning taking the country's total caseload to 1,953,935, reports UNB.The country's total fatalities remained unchanged at 29,131 as no death was reported during the period, according to the Directorate General of Health Services (DGHS).The daily test positivity rate increased...

Cop kills woman before shooting self near BD mission

KOLKATA, June 10 (NDTV): A police constable posted at the Bangladesh Deputy High Commission in Kolkata fired multiple rounds before shooting himself dead Friday. A woman who was hit in the firing reportedly died.The Kolkata Police constable, Chodup Lepcha, had been on leave and had joined duty today, the city...

Ukraine hits Russian targets, France offers Odessa help

MYKOLAIV, June 10 (AFP): Ukraine tried to push back Russian troops in the east and south on Friday as France offered to help ensure access to the port of Odessa and ease a global grain crisis.The UN and Western countries meanwhile raised fresh concerns over death sentences handed by pro-Russian...

UN warns Lanka could face 'full-blown humanitarian emergency'

GENEVA, June 10 (Agencies): The United Nations warned Friday that cash-strapped Sri Lanka's unprecedented economic crisis could develop into a dire humanitarian crisis, with millions already in need of aid."We are concerned that this could develop into a full-blown humanitarian emergency, and we are taking action to address that concern,"...

Why India holds the key to global rice market outlook

India's surprise decision to ban wheat exports has raised concerns about potential curbs on rice exports as well, prompting rice traders to step up purchases and place atypical orders for longer-dated deliveries, reports Reuters.Government and trade officials have said India, the world's biggest exporter of rice, does not plan to...

The passing-out parade -

The passing-out parade of newly appointed Battalion Ansars (22nd batch-male), who completed their 6-month basic training course, was held at Bangladesh Ansar and VDP Academy at Shafipur in Gazipur on Friday. Home Minister Asaduzzaman Khan was present as the chief guest

Bangladesh Olympic Association President and Army Chief

Bangladesh Olympic Association President and Army Chief General SM Shafiuddin Ahmed presiding over the third meeting of the executive committee of the association at the Army Multi-Purpose Complex at Dhaka Cantonment on Thursday — ISPR